Mirae Asset Balanced Advantage Fund - Direct Plan - IDCW# - Reinvest Opening
SIP amount
Min. ₹1,000
Lumpsum amount
Min. ₹5,000

Mirae Asset Balanced Advantage Fund - Direct Plan - IDCW# - Reinvest Opening

NAV
₹10.7410
-0.03%
(31 May)
AUM
1,009 Cr
TER
0.89%
Risk
High Risk
Insights
Total Expense Ratio (TER) is in the top 25% of comparable funds
In beta. Send feedback here.
Compare with other fund
1Y
+19.0%
+19.0%
+19.0%
+14.1%
+10.3%
NA
3Y
+29.0%
+29.0%
+29.0%
+19.4%
+15.1%
NA
5Y
+13.1%
+13.1%
NA
NA
+8.5%
NA
ALL
+6.6%
+6.6%
+13.2%
+14.6%
+15.7%
+7.2%
VOL
17.5%
17.5%
17.5%
12.9%
-
5.9%
TER
0.9%
0.9%
0.9%
0.7%
-
0.9%
AUM
₹54,413 Cr
₹54,413 Cr
₹54,413 Cr
₹3,173 Cr
-
₹1,009 Cr
INFO
0.38
0.38
0.76
1.13
-
1.23
Past performance
Past performance is no guarantee of future returns.
Had you invested
Over the last
1Y
3Y
ALL
Your returns would have been
Mirae Balanced Advantage IDCW Reinvest (DR)
₹1,00,00,00,000
14.0%
Fixed deposit
₹40,00,00,000
6.0%
Bank savings
₹40,00,00,000
3.0%
See fund holdings as of 30th Apr
Top holdings
Net Receivables / (Payables)
12.2%
7.38% Govt Stock 2027
7.0%
Treps
6.1%
ICICI Bank Ltd
5.2%
Reliance Industries Ltd
4.8%
6.54% Govt Stock 2032
4.8%
HDFC Bank Ltd
4.6%
Infosys Ltd
2.9%
Axis Bank Ltd
2.7%
Small Industries Development Bank Of India - NCD & Bonds
2.5%
Top industry exposure
Financial Services
24.0%
Consumer Cyclical
9.1%
Basic Materials
5.8%
Technology
5.8%
Consumer Defensive
5.3%
Other information
Minimum SIP
₹1,000
Minimum lumpsum
₹5,000
Additional lumpsum
₹1,000
Portfolio turnover
-
Lock-in period
-
Exit load
• 1% for redemption within 365 days
Fund objective
The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
Fund manager(s)
Mahendra Jajoo
Harshad Borawake

FAQs